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Side-by-side financial comparison of Clarus Corp (CLAR) and HIVE Digital Technologies Ltd. (HIVE). Click either name above to swap in a different company.
HIVE Digital Technologies Ltd. is the larger business by last-quarter revenue ($93.1M vs $65.4M, roughly 1.4× Clarus Corp). Clarus Corp runs the higher net margin — -47.8% vs -98.1%, a 50.3% gap on every dollar of revenue. On growth, HIVE Digital Technologies Ltd. posted the faster year-over-year revenue change (218.6% vs -8.4%). Over the past eight quarters, HIVE Digital Technologies Ltd.'s revenue compounded faster (102.2% CAGR vs -2.9%).
Clarus Corp is a global designer, manufacturer, and distributor of high-performance outdoor recreation, climbing, camping, and lifestyle products. It manages a portfolio of leading consumer brands, serving outdoor enthusiasts, professional athletes, and retail partners across North America, Europe, and the Asia-Pacific region, with a focus on innovative, durable gear for active lifestyles.
Mastech Digital, Inc. is a digital transformation and information technology (IT) services company headquartered in Pittsburgh, Pennsylvania, providing services to corporations across North America, Middle East, Asian, and Japan.
CLAR vs HIVE — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $65.4M | $93.1M |
| Net Profit | $-31.3M | $-91.3M |
| Gross Margin | 27.7% | -27.1% |
| Operating Margin | -59.6% | — |
| Net Margin | -47.8% | -98.1% |
| Revenue YoY | -8.4% | 218.6% |
| Net Profit YoY | 52.3% | -234.0% |
| EPS (diluted) | $-0.81 | $-0.38 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $65.4M | $93.1M | ||
| Q3 25 | $69.3M | $87.3M | ||
| Q2 25 | $55.2M | $45.6M | ||
| Q1 25 | $60.4M | — | ||
| Q4 24 | $71.4M | $29.2M | ||
| Q3 24 | $67.1M | $22.6M | ||
| Q2 24 | $56.5M | $32.2M | ||
| Q1 24 | $69.3M | — |
| Q4 25 | $-31.3M | $-91.3M | ||
| Q3 25 | $-1.6M | $-15.8M | ||
| Q2 25 | $-8.4M | $35.0M | ||
| Q1 25 | $-5.2M | — | ||
| Q4 24 | $-65.5M | $68.2M | ||
| Q3 24 | $-3.2M | $80.0K | ||
| Q2 24 | $-5.5M | $-18.3M | ||
| Q1 24 | $21.9M | — |
| Q4 25 | 27.7% | -27.1% | ||
| Q3 25 | 35.1% | 4.7% | ||
| Q2 25 | 35.6% | -13.6% | ||
| Q1 25 | 34.4% | — | ||
| Q4 24 | 33.4% | -43.7% | ||
| Q3 24 | 35.0% | -66.1% | ||
| Q2 24 | 36.1% | -7.4% | ||
| Q1 24 | 35.9% | — |
| Q4 25 | -59.6% | — | ||
| Q3 25 | -4.4% | — | ||
| Q2 25 | -19.7% | — | ||
| Q1 25 | -11.2% | — | ||
| Q4 24 | -70.2% | — | ||
| Q3 24 | -8.0% | — | ||
| Q2 24 | -14.4% | — | ||
| Q1 24 | -9.8% | — |
| Q4 25 | -47.8% | -98.1% | ||
| Q3 25 | -2.3% | -18.1% | ||
| Q2 25 | -15.3% | 76.8% | ||
| Q1 25 | -8.7% | — | ||
| Q4 24 | -91.8% | 233.2% | ||
| Q3 24 | -4.7% | 0.4% | ||
| Q2 24 | -9.7% | -56.7% | ||
| Q1 24 | 31.6% | — |
| Q4 25 | $-0.81 | $-0.38 | ||
| Q3 25 | $-0.04 | $-0.07 | ||
| Q2 25 | $-0.22 | $0.18 | ||
| Q1 25 | $-0.14 | — | ||
| Q4 24 | $-1.72 | $0.52 | ||
| Q3 24 | $-0.08 | $0.00 | ||
| Q2 24 | $-0.14 | $-0.17 | ||
| Q1 24 | $0.57 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $36.7M | — |
| Total DebtLower is stronger | $0 | — |
| Stockholders' EquityBook value | $196.4M | $559.3M |
| Total Assets | $249.0M | $624.0M |
| Debt / EquityLower = less leverage | 0.00× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $36.7M | — | ||
| Q3 25 | $29.5M | — | ||
| Q2 25 | $28.5M | — | ||
| Q1 25 | $41.3M | — | ||
| Q4 24 | $45.4M | $40.5M | ||
| Q3 24 | $36.4M | $31.7M | ||
| Q2 24 | $46.2M | — | ||
| Q1 24 | $47.5M | — |
| Q4 25 | $0 | — | ||
| Q3 25 | $2.0M | — | ||
| Q2 25 | $1.9M | — | ||
| Q1 25 | $1.9M | — | ||
| Q4 24 | $1.9M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $37.0K | — |
| Q4 25 | $196.4M | $559.3M | ||
| Q3 25 | $225.8M | $624.6M | ||
| Q2 25 | $225.1M | $560.5M | ||
| Q1 25 | $229.3M | — | ||
| Q4 24 | $233.1M | $430.9M | ||
| Q3 24 | $308.5M | $275.5M | ||
| Q2 24 | $307.3M | $268.6M | ||
| Q1 24 | $310.4M | — |
| Q4 25 | $249.0M | $624.0M | ||
| Q3 25 | $283.1M | $693.0M | ||
| Q2 25 | $286.5M | $628.7M | ||
| Q1 25 | $292.8M | — | ||
| Q4 24 | $294.1M | $478.6M | ||
| Q3 24 | $375.3M | $334.7M | ||
| Q2 24 | $369.4M | — | ||
| Q1 24 | $377.0M | — |
| Q4 25 | 0.00× | — | ||
| Q3 25 | 0.01× | — | ||
| Q2 25 | 0.01× | — | ||
| Q1 25 | 0.01× | — | ||
| Q4 24 | 0.01× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.00× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $12.5M | $46.0M |
| Free Cash FlowOCF − Capex | $11.6M | — |
| FCF MarginFCF / Revenue | 17.7% | — |
| Capex IntensityCapex / Revenue | 1.4% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-9.9M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $12.5M | $46.0M | ||
| Q3 25 | $-5.7M | $-10.6M | ||
| Q2 25 | $-9.4M | $10.2M | ||
| Q1 25 | $-2.1M | — | ||
| Q4 24 | $16.6M | $-28.5M | ||
| Q3 24 | $-8.3M | $-2.2M | ||
| Q2 24 | $834.0K | $-4.4M | ||
| Q1 24 | $-16.4M | — |
| Q4 25 | $11.6M | — | ||
| Q3 25 | $-7.0M | — | ||
| Q2 25 | $-11.3M | — | ||
| Q1 25 | $-3.3M | — | ||
| Q4 24 | $14.4M | $-55.5M | ||
| Q3 24 | $-9.4M | $-34.7M | ||
| Q2 24 | $-744.0K | — | ||
| Q1 24 | $-18.3M | — |
| Q4 25 | 17.7% | — | ||
| Q3 25 | -10.0% | — | ||
| Q2 25 | -20.4% | — | ||
| Q1 25 | -5.4% | — | ||
| Q4 24 | 20.1% | -189.9% | ||
| Q3 24 | -14.0% | -153.4% | ||
| Q2 24 | -1.3% | — | ||
| Q1 24 | -26.3% | — |
| Q4 25 | 1.4% | — | ||
| Q3 25 | 1.8% | — | ||
| Q2 25 | 3.4% | — | ||
| Q1 25 | 2.0% | — | ||
| Q4 24 | 3.1% | 92.5% | ||
| Q3 24 | 1.6% | 143.9% | ||
| Q2 24 | 2.8% | — | ||
| Q1 24 | 2.7% | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 0.29× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | -0.42× | ||
| Q3 24 | — | -26.94× | ||
| Q2 24 | — | — | ||
| Q1 24 | -0.75× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CLAR
| Other | $37.1M | 57% |
| Outdoor Segment | $25.3M | 39% |
| Adventure Segment | $3.0M | 5% |
HIVE
Segment breakdown not available.
